The EUR/USD is approaching an important break or bounce level (decision spot), which is the support trend line (green) connected to bottom at wave X (green).
1 hour
The EUR/USD could have completed an ABC correction (blue) with a 5th wave potentially compl
The EUR/USD is testing important trend lines (green and light green), which could become support for a rebound. A bearish breakout would invalidate the current wave X count (lavender).
1 hour
The EUR/USD showed bullish momentum but it slowed down when it
The EUR/USD made a deep retracement and remains in an overall corrective environment. The bottom is an important level (green line) as a break or bounce could have a decent indication ultimately whether the wave 4 (blue) has been completed (bearish break)